HIGHBO AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

29,79 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 000	69 000	54 000	3 000
Net Income	−42 000	−23 000	−4 000	−96 000
Total Assets	241 000	237 000	256 000	241 000
Total Equity	−141 000	−99 000	−76 000	−71 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 000	69 000	54 000	3 000
Expenditure	91 000	92 000	58 000	99 000
Operating Profit	−7 000	−23 000	−4 000	−96 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−7 000	−23 000	−4 000	−96 000
Tax	35 000	0	0	0
Net Income	−42 000	−23 000	−4 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	217 000	221 000	226 000
Total Current Assets	29 000	21 000	34 000	15 000
Total Assets	241 000	237 000	256 000	241 000
Total Retained Equity	−176 000	−134 000	−111 000	−106 000
Total Equity	−141 000	−99 000	−76 000	−71 000
Total Long-Term Debt	35 000	0	0	0
Total Current Debt	346 000	336 000	331 000	312 000
Total Equity and Debt	241 000	237 000	256 000	241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 000	69 000	54 000	3 000
Other Income	0	0	0	0
Revenue	84 000	69 000	54 000	3 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	91 000	92 000	58 000	99 000
Operating Profit	−7 000	−23 000	−4 000	−96 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−42 000	−23 000	−4 000	−96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	212 000	217 000	221 000	226 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	212 000	217 000	221 000	226 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	212 000	217 000	221 000	226 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	21 000	34 000	15 000
Total Current Assets	29 000	21 000	34 000	15 000
Total Assets	241 000	237 000	256 000	241 000
Total Equity	−141 000	−99 000	−76 000	−71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	346 000	336 000	331 000	312 000
Total Current Debt	346 000	336 000	331 000	312 000
Total Equity and Debt	241 000	237 000	256 000	241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,79 %	23,23 %	5,26 %	135,21 %
Debt-to-Equity Ratio	−0,25	−0	−0	−0
Operating Profit Margin	−8,33 %	−33,33 %	−7,41 %	−3 200 %
Current Ratio	0,08	0,06	0,1	0,05
Quick Ratio	0,08	0,06	0,1	0,05
Equity Ratio	−0,59	−0,42	−0,3	−0,29
Gross Profit Margin	100 %	100 %	100 %	100 %